WEF Stakeholder Capitalism Metrics Report

PwC was an early supporter of these metrics, and we have been encouraging our stakeholders to use these metrics for their own reporting.

This year we are again reporting against the 21 core metrics that cover the four key areas of Principles of Governance, Planet, People and Prosperity and the additional 34 metrics that go into more detail for each area.

Of the total 55 metrics, 16 are not relevant to PwC as a professional services network. Of the 39 metrics that are relevant to us, we are reporting fully against 16 metrics, partially against 19 and not reporting against the remaining four relevant metrics. A similar result to last year. We are proud of the work that we have done in relation to these metrics but there is always more we can do and we will strive to comply fully with more metrics in the future.

Notes

_{1: The 9.9% revenue growth reported is growth in local currency.  In US dollars revenues grew by 5.6%}

_{2: Some numbers may not add up to exactly 100% due to rounding.}

_{3: All numbers are at 30 June 2023, the end of our 2023 financial year, unless otherwise stated.}

_{4: Some of the data reported relates to the 21 PwC territories  known as the Strategy Council.  These countries or regions included in the Strategy Council are:  Australia, Africa Central and Southern Africa, Brazil, Canada, Central and Eastern Europe, China, France, Germany, Italy, India, Japan, Korea, Mexico, Middle East, Netherlands, Singapore, Spain, Sweden, Switzerland, United Kingdom and United States. Together the Strategy Council represents 90% of PwC’s global revenues so while we would prefer to report data that covers the whole of the PwC network and will work towards that wherever possible  sometimes this can be challenging.  We believe that reporting data that covers 90% of our revenues gives a very good indication of our performance or impact in a particular area.}

_{5: We report ethnicity data for nine of our larger territories. (We are unable to report ethnicity data for our other larger territories because either the territories do not collect this data or local laws prohibit sharing the data). Each of the nine reporting territories has mapped the majority/minority ethnicity of its workforce.} 

_{6: Environmental data is provided by, or estimated for, each PwC member firm, and is then consolidated at the network level where a consistent methodology is applied for inclusion in this report.}

_{7: Some FY22 metrics included data from PwC Russia where relevant, however Russia left the PwC Network on 4 July 2022 so no Russian data is included in the FY23 report.}

_{8: In this report the terms PricewaterhouseCoopers, PwC, our, we and us are used to refer to the network of member firms of PricewaterhouseCoopers International Limited or, as the context requires, to one or more PwC member firms.}